A total of 900 social and affordable homes are to be built in the Poolbeg development plan.
Dublin City Council voted in favour of the plan at a meeting on Thursday, 18 May.
Sinn Fein Councillor Daithi Doolan said the decision was a "good outcome".
He said: "Sinn Fein proposed a further 100 senior citizens homes, bringing the total to 1,000. Unfortunately the combined votes of Labour, Fine Gael and Fianna Fail reduced that number to 900.
"The original commitment by Minister Coveney of 620 social and affordable houses was never a runner. It was only by standing firm on our commitment to housing that we were able to greatly increase this number.
"We firmly believed that despite the scare tactics of the department and council officials we could have easily delivered the extra 100 homes. It is a wasted opportunity. Sinn Féin will continue to put pressure on the department to fund these senior citizen homes."
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